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Cyber lock on a screen. Proactive organizations recognize the importance of cybersecurity exercises in testing their defenses and measuring response in the face of different cyberattack scenarios. (Photo: Song_about_summer/Shutterstock)

The threat of security incidents and cyberattacks looms large for every organization. Data breaches rose 17% in 2019 compared to the previous year, according to the Identity Theft Resource Center. Preparing your defenses to guard against and deal with the aftermath of a cyberattack is challenging, but it’s vital to strive for resilience to reduce the potential damage. While cyber insurance can help mitigate some of the expense, with the average total cost of a data breach pegged at $3.86 million, according to the Ponemon Institute, and 280 days as the average time to identify and contain it, the need for action could not be clearer.

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